January 31, 2018
Indeed, it’s far more likely that businesses make decisions on where to locate based on a talented workforce and top-quality infrastructure than their tax rate. The Institute on Taxation and Economic Policy reported in 2013 that state and local taxes are only about 1.8 percent of a company’s cost of doing business. You cannot possibly lower the tax rate enough to supersede all the other factors. The giveaways are as unnecessary as they are ineffective. Read more
Quoted Staff Member
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